This week in European tech: Wise signs $300 million debt financing deal, eToro buys Bullsheet, fund for female founders, and more

This week is ours research the team was tracked tracked more than 80 technology financing deals worth more 1.2 billion eurosand more 5 exits, M&A deals, rumorsand related news across Europe.

As always, we’re bringing them all together for you in a list that will be sent to our roundup newsletter next Monday (note: the full list is for paying customers and also comes as a handy downloadable spreadsheet).

We also have news for you: we are already preparing for the second edition of the Tech.eu Summit! Save the date:

Tickets are already on sale.

If you haven’t seen them yet, we’ve made all the videos from last May’s Tech.eu Summit available as playlist on our YouTube channel – enjoy!

With that said, let’s get down to business with the biggest European tech news of the past couple of days (sign up for our free newsletter to receive this summary in your inbox).

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>> Notable and large funding rounds

Stockholm startup H2 Green Steel has received support for 3.5 billion euros of debt he needs to build a steel plant that runs on hydrogen in northern Sweden.

Global remittance firm Wise has secured £300 million of debt financing to support its future growth plans. The syndicated debt facility was arranged and managed by Silicon Valley Bank UK with six other banks also participating.

London-based Immersive Gamebox (IGB – formerly known as Electric Gamebox) has announced the signing Franchise deals worth $90 million which will lead to the company’s worldwide expansion over the next three years.

s’ Hertogenbosch, Netherlands Floryn, an online lending marketplace for small and medium-sized businesses, has attracted 65 million euros from NatWest, a London-based retail banking company.

British expert in the field of global payment solutions, CloudPay, raised a new capital round of $50 million at the same time, there is strong growth as demand for cloud-based integrated global payroll and payment services continues.

Shippeo, a French SaaS platform providing supply chain visibility, has come on board $40 million in Series Dnow bringing the ship’s tonnage to $107.9 million.

Eindhoven-based manufacturer of “powerful and cutting edge AI solutions at the edge” Axelera has raised $27 million in the series A round.

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>> Noteworthy takeovers, mergers, IPOs, and SPAC deals

eToro has purchased Lisbon-based Bullsheet, a provider of portfolio management tools exclusively for eToro users. The purchase price has not yet been disclosed.

Worldline moved to to acquire 55% of the shares of SoftPos.eua Warsaw fintech that turns Android devices into secure payment terminals.

Visma, the European leader in cloud software, has purchased SaaS expansion of OutSmart, a provider of field service management software for small and medium-sized businesses. OutSmart is based in the Netherlands and also operates in Belgium, Germany and Portugal.

Swiss dua.com buying German dating app Spotted.de.

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>> Interesting steps from investors

Poland’s Market One Capital has just raised its second fund, of 80 million eurosto invest in earlier European markets and network effect start-ups.

Women Founders has announced the launch of its F Fund, designed to support pre-seed and seed startups with at least one woman on the founding team. The venture fund’s first close was oversubscribed at more than 12 million euros.

SEB Greentech Venture Capital, the bank’s green technology investment arm, has invested in five companies to date. Now the unit received a doubling of its investment capital and increases its ambitions to find investments in the Nordic region and Europe.

Redstone and EnjoyVenture have joined forces to create Human Impact Capital (HIC), Germany’s first social impact venture fund of $50 million.

Station F, the iconic startup campus in Paris reconstruction its Founders Program entirely to turn it into an accelerator program.

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>> In other (important) news

The target is the Google Play Store an EU antitrust investigationthe company said in a regulatory filing, and the move could subject the US tech giant to another billion-euro fine.

Bill Gates has voiced his support a new coalition between eight European cleantech companies joining hands to lift all ships when it comes to putting Europe in the driver’s seat when it comes to achieving zero targets.

The European Union is preparing rules that will require banks in the eurozone to offer instant payments in euros.

Furniture e-commerce company Made.com has temporarily suspended new customer orders after a break in negotiations with potential buyers.

Another casualty of the downturn: German e-commerce company Windeln.de is dead.

After that, Wise plans to launch an asset investment service across Europe obtaining a license in Estonia.

Online automotive marketplace Cazoo has announced the UK record quarterwith the highest revenue and sales in history amid withdrawal from European markets.

This was announced by the Minister for British Affairs, Jacob Rees-Mogg £211m of public funding go to battery research and development.

The EU Digital Services Act (DSA) will enter into force on November 16 after it publications in the Official Journal of the EU (OJEU) on Thursday.

UK-based unicorn Snyk is reportedly in the cyber security business dismissal of 14% of jobs in its global workforce, becoming the latest victim of the tech downturn.

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>> Recommended reading and listening

of Europe challenge chips

One of Antler’s CIOs, Sarah Finnegan, wrote an article about practical ways investors can attract more diverse founders and create a more inclusive VC ecosystem across Europe.

Spotify says Apple “choking contest” and destroy your audiobook store.

Looking for a job in a large cyber security business? Here three European locations you don’t want to overlook.

The UK’s financial regulator has warned that Big Tech’s growing interest in payments, lending and other financial products could harm competition and leave traditional providers at a disadvantage.

State art Turkish startup ecosystem (PDF).